£134,360
This estimated value is based upon the latest sale price for the house of £60,000 on 16 Oct 2003. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£60,000 | 16 Oct 2003 |
Terraced |
Freehold |
Floor Area: 38 sq meters or 409 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER MANCHESTER to estimate the market value.
When this house was purchased in October 2003 the House Price Index for GREATER MANCHESTER was 66.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 123.933%.Applying this 123.933% change to the original purchase price of £60,000 results in an estimated price of approximately £134,360.
16 Oct 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
66.4 | 148.6 | 123.933 % | £60,000 | £74,360 | £134,360 |
The Postcode Pricing Model uses changes in average sales price within the SK14 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | 131.585 % | £78,951 | £138,951 |
3 Month Average | 115.491 % | £69,294 | £129,294 |
6 Month Average | 125.588 % | £75,352 | £135,352 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Nov 2023 | £299,433 | £295,000 | UNIT 8B MEADOW STREET |
28 Jul 2023 | £102,378 | £101,000 | 188 LUMN ROAD |
20 Jan 2023 | £129,390 | £130,000 | 145 LUMN ROAD |
18 Nov 2022 | £256,888 | £260,000 | 1 NEW TERRACE |
18 Mar 2022 | £166,838 | £161,000 | 169 LUMN ROAD |
This house has a floor area of 38 sq meters or 409 sq feet when measured on 23 Jan 2019. Using an estimated price of £134,360 means this house is valued at £3,535 per sq meter (£328 per sq foot).
The average size of a house on STOCKPORT ROAD is 82 sq meters (892 sq feet).
This house is the smallest in the street with a floor area of 38 sq meters (409 sq feet).